Shell Ventures principal Bilal Ahmad said he saw more opportunity in โclean energy than I see in oil and gas. As a venture fund, weโve ceased investing in oil and gas. It doesnโt make sense, from a returns perspective.โ
While Europe has been grappling with the impacts of the war in Ukraine and the huge price rises in oil and gas that it has brought, in the US, the energy landscape looks very different.
Storegga is behind multibillion-dollar emissions-busting plans for north-east Scotland, including the Acorn carbon capture and storage (CCS) project. CEO Nick Cooper sits down with Energy Voice to assess the landscape.
Storegga has signed a memorandum of understanding (MoU) with the Alliance for Sustainability Leadership in Education (EAUC), which will support its plans to build a direct air capture project in Aberdeenshire.
The UK has the potential to be a global leader in carbon capture and direct air capture technologies โ but large-scale projects must be developed rapidly if our net zero goal is to be achieved.
Worley has been awarded a services contract with Occidental to help develop a facility for producing low carbon fuels via direct air capture (DAC) in Canada.
An emissions busting technology that is being backed by several large oil and gas firms could be a โnon-starterโ in the short term, according to researchers.